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Non-Resident Commercial

Non-Resident Commercial

The Non-Resident Commercial home loan is designed for foreign borrowers looking to invest in Australian Commercial property in the Melbourne, Sydney or Brisbane areas. Available for purchase or refinance with a loan term of 2 years.

Some product highlights include:

  • Purchase or Refinance (cash out not acceptable)
  • 70% Maximum LVR for House, Townhouse and low rise apartments (9 storeys and less)
  • 60% Maximum LVR High Rise Apartments (in buildings over 10 storeys and above)
  • Loan term 2 years with interest only repayments
  • PAYG or Self-employed borrowers
  • Maximum loan amount $2m (up to 70% LVR) or $5m (up to 65% LVR)
  • Foreign Investment Review Board (“FIRB”) approval required
  • Available to borrowers with income from acceptable countries
  • All income documents are to be translated into English by a NAATI approved translator and a XE currency conversion to be completed

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Any advice on this website does not take into account your objectives, financial situation or needs and you should consider whether it is appropriate for you. Before making any decision in relation to a Better Choice product, you should read the relevant disclosure document. All rates and fees quoted in our products are indicative only and can change dependent on your personal circumstances. Conditions and fees apply.

Comparison rate is based on a loan of $150,000 principal over a 25 year term. WARNING: The Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan.

Better Choice Home Loans Pty Ltd & Better Choice Commercial (a division of Better Choice Home Loans Pty Ltd) 2000-
ABN 79 095 728 868 | Australian Credit Licence 378333